S&P Global Platts stages many steel conferences and forums around the world, but regardless of the location China is invariably the dominating topic. And this was again the case at our Ferrous Forum in Tokyo and Steel Markets Asia conference in Mumbai, both held last month.
Posts tagged ‘India’
November 10, 2016 05:01 UTC
Robust growth in Asia’s appetite for oil amid stagnant supplies has accelerated a reduction in surplus that the market was battling with, but an expected recovery in prices next year might cut demand from price sensitive consumers, according to Gary N. Ross, Executive Chairman and Head of Global Oil at PIRA Energy Group, an analytics unit of S&P Global Platts.
While China would continue to see a demand growth of 500,000 b/d next year, India’s demand growth of about 350,000 b/d was sending a strong signal to the market that growth was backed by solid fundamentals and is here to stay.
September 28, 2016 13:30 UTC
The market is never as bullish as at its tops, nor as bearish as at its bottoms.
The first part of this trading adage is particularly pertinent to the state of play in the sugar market.
On Friday, September 16, ICE Sugar No.11, the raw sugar futures benchmark, began the day in unremarkable fashion. The October contract opened a touch higher than Thursday’s close at 20.53 c/lb and quickly slipped back to 20.45 c/lb.
July 15, 2016 11:00 UTC
February 26, 2016 12:19 UTC
Earlier this week we attended the NGL Feedstocks and Derivatives: Global Supply & Demand Dynamics 2016 conference in Houston, hosted by the American Business Conferences. During the presentations, Q&A sessions, round-table discussions, and our conversations with the industry during networking breaks, we debated the questions around exporting NGLs and petrochemicals out of the US.
The best response when asking tough market questions was, “Well, it depends.”